Rongsheng Petrochemical Past Earnings Performance
Past criteria checks 2/6
Rongsheng Petrochemical's earnings have been declining at an average annual rate of -15.9%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 29.4% per year. Rongsheng Petrochemical's return on equity is 3.5%, and it has net margins of 0.6%.
Key information
-15.9%
Earnings growth rate
-16.0%
EPS growth rate
| Chemicals Industry Growth | 12.1% |
| Revenue growth rate | 29.4% |
| Return on equity | 3.5% |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Rongsheng Petrochemical (SZSE:002493) Has A Somewhat Strained Balance Sheet
Oct 15
Is Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Potentially Undervalued?
Sep 30The Return Trends At Rongsheng Petrochemical (SZSE:002493) Look Promising
Sep 13Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Business And Shares Still Trailing The Industry
Jun 28Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching
Jun 13Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load
May 28Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next
Apr 28Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes
Apr 27Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S
Mar 25Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?
Feb 27Revenue & Expenses Breakdown
How Rongsheng Petrochemical makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 331,261 | 1,927 | 1,459 | 4,162 |
| 30 Jun 24 | 331,836 | 3,143 | 1,286 | 5,759 |
| 31 Mar 24 | 336,479 | 3,178 | 1,176 | 6,490 |
| 31 Dec 23 | 325,112 | 1,158 | 1,175 | 6,555 |
| 30 Sep 23 | 303,024 | -2,003 | 989 | 7,194 |
| 30 Jun 23 | 295,993 | -3,153 | 957 | 5,650 |
| 31 Mar 23 | 290,214 | -1,243 | 972 | 4,763 |
| 01 Jan 23 | 289,095 | 3,341 | 1,006 | 4,367 |
| 30 Sep 22 | 278,836 | 8,565 | 1,080 | 4,467 |
| 30 Jun 22 | 246,286 | 12,037 | 1,057 | 4,400 |
| 31 Mar 22 | 217,095 | 13,730 | 1,065 | 4,382 |
| 01 Jan 22 | 183,075 | 13,236 | 913 | 3,915 |
| 30 Sep 21 | 159,007 | 11,778 | 630 | 3,383 |
| 30 Jun 21 | 141,399 | 10,667 | 626 | 2,644 |
| 31 Mar 21 | 120,793 | 8,704 | 488 | 2,247 |
| 31 Dec 20 | 107,265 | 7,309 | 580 | 1,964 |
| 30 Sep 20 | 100,457 | 6,013 | 849 | 1,613 |
| 30 Jun 20 | 93,291 | 4,368 | 1,047 | 1,395 |
| 31 Mar 20 | 87,091 | 2,828 | 1,159 | 958 |
| 31 Dec 19 | 82,500 | 2,207 | 1,166 | 981 |
| 30 Sep 19 | 88,044 | 1,624 | 1,288 | 1,045 |
| 30 Jun 19 | 93,406 | 1,508 | 1,227 | 1,054 |
| 31 Mar 19 | 89,782 | 1,577 | 1,172 | 997 |
| 31 Dec 18 | 91,425 | 1,608 | 1,089 | 956 |
| 30 Sep 18 | 82,716 | 2,291 | 932 | 874 |
| 30 Jun 18 | 74,349 | 2,060 | 462 | 1,213 |
| 31 Mar 18 | 74,545 | 2,031 | 694 | 974 |
| 31 Dec 17 | 72,039 | 2,017 | 807 | 879 |
| 30 Sep 17 | 66,456 | 2,247 | 877 | 652 |
| 30 Jun 17 | 62,200 | 2,296 | 1,520 | 0 |
| 31 Mar 17 | 53,885 | 2,391 | 1,408 | 0 |
| 31 Dec 16 | 45,501 | 1,921 | 1,306 | 0 |
| 30 Sep 16 | 40,600 | 1,524 | 1,235 | 0 |
| 30 Jun 16 | 34,923 | 913 | 1,010 | 0 |
| 31 Mar 16 | 30,669 | 491 | 856 | 0 |
| 31 Dec 15 | 28,674 | 352 | 790 | 0 |
| 30 Sep 15 | 26,298 | -303 | 772 | 0 |
| 30 Jun 15 | 26,860 | -129 | 707 | 0 |
| 31 Mar 15 | 29,372 | -193 | 693 | 0 |
| 31 Dec 14 | 31,811 | -347 | 678 | 0 |
| 30 Sep 14 | 31,149 | 87 | 575 | 0 |
| 30 Jun 14 | 32,429 | 116 | 593 | 0 |
| 31 Mar 14 | 31,389 | 73 | 570 | 0 |
| 31 Dec 13 | 29,356 | 230 | 550 | 0 |
Quality Earnings: 002493 has high quality earnings.
Growing Profit Margin: 002493 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002493's earnings have declined by 15.9% per year over the past 5 years.
Accelerating Growth: 002493 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002493 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-5.3%).
Return on Equity
High ROE: 002493's Return on Equity (3.5%) is considered low.